Google lays off employees, shifts some roles abroad amid cost cuts | Reuters

Google lays off employees, shifts some roles abroad amid cost cuts | Reuters

Google lays off employees, shifts some roles abroad amid cost cuts | Reuters

According to a recent announcement, Google, the tech titan under Alphabet’s umbrella, is undergoing a restructuring phase that includes employee layoffs. While the exact number of affected employees remains unspecified, Google assures that those impacted can apply for internal roles within the company. Additionally, some roles will be relocated to key hubs like India, Chicago, Atlanta, and Dublin, where Google is intensifying its investments.

This move comes amidst a broader trend of cost-cutting measures across the technology and media industries, echoing concerns about ongoing economic uncertainties. Throughout the latter half of 2023 and continuing into 2024, Google has been streamlining its operations, aiming for increased efficiency and alignment with its core product priorities. The restructuring notably affects teams within Google’s real estate and finance departments, specifically impacting treasury, business services, and revenue cash operations.

Google’s finance chief, Ruth Porat, outlined the restructuring efforts in an email to staff, highlighting plans for expanding operations in Bangalore, Mexico City, and Dublin. This initiative is part of Google’s broader strategy to bolster growth and innovation, particularly in emerging markets and tech hubs around the globe. This isn’t the first time Google has undertaken such measures; earlier in the year, hundreds of employees were let go, primarily from engineering, hardware, and assistant teams, as the company doubles down on investments in artificial intelligence and other key areas…………full-loaf-600x400-1-e1700879832480 Google lays off employees, shifts some roles abroad amid cost cuts | Reuters[read more]

Rising Dough

Rising-Dough-e1700879911412 Google lays off employees, shifts some roles abroad amid cost cuts | ReutersHow do shifts in a company’s internal structure, like those seen in Google’s recent layoffs and restructuring, impact its ability to innovate and adapt to changing market dynamics?

*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.

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fb07eefb42c05d944b7effe03f094bfc?s=64&d=mm&r=g Google lays off employees, shifts some roles abroad amid cost cuts | Reuters
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Niya Spells
28 days ago

Google will be less innovative due to the loss of several of hard-working employees, but also the friends of hard-working employees. Adapting to the changing market dynamics will be more challenging due to a lack of expertise and experience.

89fcea15eaffa4cd5ca67a20777db741?s=64&d=mm&r=g Google lays off employees, shifts some roles abroad amid cost cuts | Reuters
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Ayana Hicks…
28 days ago

It might shift googles overall image and dissuade people with bright and innovative ideas from joking Google as well. Overall not a good move to layoff the creative minds of past employees and discourage new people from joining in fear of being laid off.

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stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

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Niya Spells
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Niya Spells
28 days ago

Google will be less innovative due to the loss of several of hard-working employees, but also the friends of hard-working employees. Adapting to the changing market dynamics will be more challenging due to a lack of expertise and experience.

Ayana Hicks...
Guest
Ayana Hicks...
28 days ago

It might shift googles overall image and dissuade people with bright and innovative ideas from joking Google as well. Overall not a good move to layoff the creative minds of past employees and discourage new people from joining in fear of being laid off.

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